Sensex hits 10-month high, Nifty50 cracks above 8,450

The S&P BSE Sensex surged over 400 points in morning trade, led by gains in Tata Motors, HDFC, ITC, ICICI Bank, and Asian Paints. The Nifty50 reclaimed its crucial resistance level of 8,400 for the first time in the last 10 months, supported by gains in realty, power, oil & gas, capital goods, and auto stocks.